The assets are those that are affected by the seasonal or cyclical nature of company sales.
A)current
B)permanent current
C)fluctuating current
D)none of these

Question

Quizplus · Accepted Answer

Fluctuating current assets are affected by the seasonal or cyclical nature of company sales. Current assets refer to assets that can be converted into cash within a year, whereas permanent current assets are expected to remain constant over the same period of time. Therefore, A and B are not the best choices. D is not a valid option as well.

The Assets Are Those That Are Affected by the Seasonal